Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1887-04-14

$4,000 esch. These lots were part OF a
last years cotton field, were long dis
lance from any buildings. and the build
irKs nearest were nothing but miserable
frame shanties. Acre property, two aud n
half niles from the main part OF Fort
Smith. cannot be bought for lefs than
81 900 per acre Rnd from that price up to
"At Kansas City we snw aliotments ten
miles from the city, aud lots IN these dtl.ts
were selling nj greater price than IN
asked Tor land st an equal distance from
New York city.
"apo 4 think the end Ia close at hnnd for
the boom husirers7 No. They seem to
be contagious, p,d all you want to secure
one il rhrewd syndicate. AZ nearly all
tire hotels out west sud southwest, you
will 6nd circulars by the thousand, boom.
ing towns IA frr AWAY rs Arizona, New
Mexico aud Texap. Some Of these circu-
lara nre marvels VI the printers and err
gfa,et's arts.
"Whnt becomes III the syndicates7 Well,
as soon as they have nnlUaded their pur-
chased or oplioned land at big figures,
they iuld their tents like the Arabs, ETC.,
aud seek new pasture lands to boom, leav--
ing the citizens OF the town TO carry on
the mania M long ms they choose.
I'm ,onre places where there 10 no syn-
dictate the people start one themselves.
They cali tlrem boards OF industry These
boards help the towns in good many
wsys, but they cannot get mp real, frst-
cls@ boom. None can do that except
skilled, professional boomers.
mo, we did not invest dollar In real
estate anywhere, because 1t was out Of all
| reason as TO price, as we viewed IL. You
will nee BY the figures which have given
you that II would be better to invest mon
ey here IN Cleveland Now the best
froniages here can be bought for about
$4,000 a loot, and from that down. What
sense is there in going to some western
town with a population anywhere from
one-tenth 10 one-half the population OF
our own city, and paying more Tor real es-
tate than il can be had for here2 We
| came back with the idea that Cleveland
has more attractions for solid real estate
investments than any city we visited.
With her rail and water facilities for
transportation, her splendid coal and ore
advantages, her healthful climate and the
near prospect OF natural gas in large guam.
titles, Cleveland, with her comparatively
cheap real estate, ought to have steady,
safe anu FdtislaCtOry Improvement III neI
real estate business, and that soon. j
don't believe in booms, for have studied
them good deal, but do think Cieve-
land is entitled to and will soon show a
marked activity IN her real estate matters.
mo, it IS not improbable that some syn
dictate Of professional boomers may invade
this city. They are working Louisville,
Ky., in high feather. As a matter Of fact
we did meet one of the veterans at the
business Of booming, on the cars in Kan
sas. He was lamenting that the business
was being overdone in most places ont
west ami southwest, and wanted informa-
tion as TO the situation in Cleveland. Al
ter listening to the facts which We gave
him about Cleveland, itA population, in
dusirial status and the price of outlying
lands, lie unhesitatingly declared that this
town was in excellent shape TO be scieniii-
cally doomed. He seemed greatly inter
ested In our conversation, but did not state
whether he would give us a jog or not
Of course a good boomer never disclose,
his plans, but il may be that We shall see
| our friend here later"